📈#USBLSCPI data is coming! Are financial markets ready?
Investors, fasten your seat belts, there is big news tonight!
📊 At 20:30 Beijing time, the US Bureau of Labor Statistics will release the CPI data for June 2024. This report may bring a lot of waves to the market.
According to forecasts, the unadjusted CPI annual rate in June is expected to slow to 3.1%, down from the previous 3.3%. Will this be a signal of slowing inflation? Or is it a short-term fluctuation? 🤔
#Everybeat of the US CPI data affects the heart of the Federal Reserve and our investment decisions. If the data is in line with expectations, it may consolidate the market's expectations for the Federal Reserve's interest rate cut in September and bring positive effects to the financial market.
On the contrary, if the data is unexpected, it may trigger a new round of market fluctuations. So, let's pay close attention to tonight's CPI data, which will tell us more clues about the economic situation and future monetary policy.
Don't forget that the market is always changing rapidly, be prepared and seize the opportunity! 💼
What do you think of tonight's CPI data? Is it an easing of inflation or a prelude to a rate cut? Share your predictions and opinions in the comments section, let us witness this moment together!